Oil and Natural Gas Properties and Other Property and Equipment (Tables)

9 Months Ended

Mar. 31, 2015

Oil and Gas Property [Abstract]

Schedule of Capitalized Costs Relating to Oil and Gas Producing Activities

The following table sets forth the capitalized costs under the successful efforts method for oil and natural gas properties:

(in thousands)	March 31, 2015			June 30, 2014
Oil and natural gas properties:
Proved	$	49,621		$	82,362
Unproved		10,398			19,109
Total oil and natural gas properties		60,019			101,471
Less accumulated depletion and impairment		(29,854	)		(19,138	)
Net oil and natural gas properties capitalized costs	$	30,165		$	82,333

Schedule of Property, Plant and Equipment

The historical cost of other property and equipment, presented on a gross basis with accumulated depreciation and amortization is summarized as follows:

(in thousands)	March 31, 2015			June 30, 2014
Other property and equipment	$	1,218		$	1,196
Less accumulated depreciation and amortization		(624	)		(359	)
Net property and equipment	$	594		$	837